Malawi: Remittances

(measure: million U.S. dollars; source: The World Bank)

Malawi: Remittances, million USD

: For that indicator, The World Bank provides data for Malawi from 1977 to 2015. The average value for Malawi during that period was 7.78 million U.S. dollars with a minumum of 0 million U.S. dollars in 1977 and a maximum of 37.06 million U.S. dollars in 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Remittances are the money sent home by people who work in a foreign country. These are, for example, the money sent to Mexico by Mexican workers in the U.S.

Definition: Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Data are in current U.S. dollars.